Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#香港稳定币监管框架 I see many people asking how they can survive longer in the crypto world? To put it simply, don't rely on luck; what can truly help you hold above are two things — how to buy and sell, and how to manage money.



First, let's talk about how to manage money. The principal is life; don't go all in at once. Each trade should use at most 7% of the total funds, so even if you make a wrong judgment, it won't be too damaging. Want to increase your position? Then you have to wait until you're in profit, and each additional amount must be half of the last one. Additionally, set a red line for yourself in advance—cut your losses if a single trade loses between 1% to 10%; don’t hold on with the hope of luck.

Let's talk about when to run. Keep an eye on the EMA30 and EMA60 moving averages; if the price breaks below, don't hesitate. If you make a profit, don't be greedy, take half of it first, and set a trailing stop for the rest to earn gradually. If you're using leverage, be more cautious; set a price alert on your phone to avoid getting liquidated.

As for the timing of buying and selling, you can't just guess. Look at the daily chart for the overall direction, find the rhythm on the 4-hour chart, and determine the specific entry point on the 15-minute chart—only when all three timeframes align should you take action. Trading volume is more reliable than those flashy indicators: when there's volume at a low level, it's safe to build a position, but when there's volume at a high level with stagnation, be cautious of the big players unloading. When encountering a period of consolidation with a narrowing Bollinger Band, it’s better to honestly stay in cash and save on transaction fees.

The hardest part is actually controlling yourself. Remember three things: play with spare money, never borrow; know how to stay in cash, be able to wait, and endure loneliness; review regularly to see if your coin-holding logic still stands, and adjust if necessary. If you can do these things, you are no longer a retail investor. $BTC $ETH $SOL
BTC0.8%
ETH0.91%
SOL0.37%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ser_aped.ethvip
· 20h ago
No matter how right you are, it doesn't matter; most people will still go all in and then come to ask me why they lost.
View OriginalReply0
ContractTestervip
· 20h ago
There's nothing wrong with what you said, it's just that 99% of people can't do it. The mindset is the hardest hurdle to overcome, really.
View OriginalReply0
SchrödingersNodevip
· 20h ago
This 7% Position trap has been heard too many times, the key is how many people can really persist.
View OriginalReply0
MerkleMaidvip
· 21h ago
That's right, but it's hard to execute... I'm the kind of person who understands a lot of reasoning, but gets shaky when it comes to actually doing it.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)